Stock Analysis

Top Swedish Growth Stocks With High Insider Ownership In September 2024

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As global markets navigate a period of economic adjustments, Sweden's stock market has shown resilience, buoyed by strategic rate cuts from the European Central Bank and positive investor sentiment. In this environment, growth companies with high insider ownership can offer unique advantages, combining strong internal confidence with the potential for significant returns.

Top 10 Growth Companies With High Insider Ownership In Sweden

NameInsider OwnershipEarnings Growth
CTT Systems (OM:CTT)16.9%24.8%
Truecaller (OM:TRUE B)29.6%21.6%
Fortnox (OM:FNOX)21.1%22.6%
Magle Chemoswed Holding (OM:MAGLE)14.9%72.2%
Yubico (OM:YUBICO)37.5%42.3%
Biovica International (OM:BIOVIC B)18.8%78.5%
BioArctic (OM:BIOA B)34%98.4%
KebNi (OM:KEBNI B)37.8%86.1%
InCoax Networks (OM:INCOAX)19.5%115.5%
C-Rad (OM:CRAD B)16.1%33.9%

Click here to see the full list of 91 stocks from our Fast Growing Swedish Companies With High Insider Ownership screener.

Below we spotlight a couple of our favorites from our exclusive screener.

EQT (OM:EQT)

Simply Wall St Growth Rating: ★★★★★☆

Overview: EQT AB (publ) is a global private equity firm specializing in private capital and real asset segments, with a market cap of approximately SEK410.39 billion.

Operations: Revenue segments for EQT AB (publ) include €37.20 million from Central, €878.70 million from Real Assets, and €1.28 billion from Private Capital.

Insider Ownership: 30.9%

Earnings Growth Forecast: 35.9% p.a.

EQT AB (publ) showcases strong growth potential, with earnings forecasted to grow significantly at 35.9% per year, outpacing the Swedish market's 15.3%. Despite recent insider selling, the company's revenue is expected to increase by 15.6% annually, faster than the national average of 1%. Recent M&A activities include competing for Singapore Post Limited’s $1 billion Australian business and exploring a sale of Banking Circle valued over $2 billion, indicating strategic expansion efforts.

OM:EQT Earnings and Revenue Growth as at Sep 2024

AB Sagax (OM:SAGA A)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: AB Sagax (publ) is a property company operating in Sweden, Finland, France, Benelux, Spain, Germany, and other European countries with a market cap of SEK97.20 billion.

Operations: The company's revenue from Real Estate - Rental amounts to SEK4.63 billion.

Insider Ownership: 28.6%

Earnings Growth Forecast: 28.7% p.a.

AB Sagax's earnings are projected to grow 28.72% annually over the next three years, surpassing the Swedish market's 15.3%. Despite recent shareholder dilution, the company reported impressive financial results for H1 2024, with net income of SEK 2.06 billion compared to a net loss of SEK 214 million a year ago. Insider ownership remains significant, aligning management interests with shareholders and supporting its growth trajectory in Sweden's real estate sector.

OM:SAGA A Earnings and Revenue Growth as at Sep 2024

Sectra (OM:SECT B)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Sectra AB (publ) offers medical IT and cybersecurity solutions across Sweden, the United Kingdom, the Netherlands, and the rest of Europe with a market cap of SEK51.94 billion.

Operations: Sectra's revenue segments include Imaging IT Solutions at SEK2.67 billion, Secure Communications at SEK388.55 million, and Business Innovation at SEK90.77 million.

Insider Ownership: 30.3%

Earnings Growth Forecast: 21.2% p.a.

Sectra's earnings are forecast to grow 21.21% annually, outpacing the Swedish market's 15.3%. Recent Q1 results showed a revenue increase to SEK 739.48 million from SEK 603.03 million year-over-year, with net income rising to SEK 80.4 million from SEK 61.56 million. The company's cloud service implementation in Belgian hospitals highlights its innovative approach and potential for operational efficiency gains, although insider trading data over the past three months is unavailable.

OM:SECT B Earnings and Revenue Growth as at Sep 2024

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.

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